EUR/NZD is showing a high probability entry, after the strong rally, investors took their profits at 1.5679, the retrace seems to be over, and the price is getting ready to start another bullish move.
BUY STOP EUR/NZD 1.5590 STOP LOSS 1.5560 TAKE PROFIT 1.5620
The minimum analysis target is at 1.5679 (previous high), feel free to customize the trade idea, and do not forget to use a 20 pip trailing stop.
Wavy Tunnel Setup
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We use Elliott Wave to find the direction of the market and the Wavy Tunnel to confirm and trigger the trades. If you are interested in learning more about Elliott Wave and the Wavy Tunnel, please visit: wavytunnelpro.com
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As a lifetime member of the Wavy Tunnel Course, we recommend that you review the modules again. Access the course here: http://elliottwaveultimate.com/login
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